Shooting Star candle stick shows strong rejection at these levels. Divergnece in RSI and MACD occuring. Pull back anticipated
Broke the .236 retracement and soon to re-test $6.50. Bullish crosses on 50,100,200. Trial update in Q2 for Phase 3 MM-398. Position: 4,200 shares @4.82
$2 this year should be no problem.
I'm a buyer around $5.00 and I think looming earnings will be catalyst for correction before moving onwards. Happy trading.
Most recent Upgrades: 1/22/2014 SunTrust Upgrade Neutral -> Buy $5.50 -> $10.00 1/9/2014 Zacks Upgrade Underperform -> Neutral $6.00
Striking resemblance in Bitcoin Bubble(red) to current PLUG(blue) price action. Failed bullish rally in Bitcoin is similar to PLUG's second attempt to take out new highs. I don't see enough momentum to keep PLUG going, too much downside risk IMO. Note: I have no position
SUNE has been trading in Fib Channel for a while. Watch for RSI near 80 and MACD Histogram near 30.